Musk Steps Up Starmer Row Just as UK Tops Tesla Sales in Europe
Jan 07, 2025 - financialpost.com
Elon Musk has intensified his criticism of UK Prime Minister Keir Starmer and the Labour government, coinciding with the UK becoming Tesla's largest market in Europe. Despite the UK's enthusiasm for electric vehicles, Tesla's sales rose by 1.5% to 50,334 units in 2024, surpassing Germany, where sales dropped due to the removal of EV subsidies. Musk's attacks, which include support for far-right causes and criticism of Starmer's past role as director of public prosecutions, have sparked controversy and concern over potential impacts on his business interests in the UK. These interests include Tesla's significant presence in the UK energy sector and government contracts, as well as SpaceX's Starlink internet service and Musk's growing AI activities through xAI Corp.
The tension between Musk's political interventions and his business operations in the UK was highlighted when the government excluded him from an investment summit, a move seen as a response to his criticism. Despite this, Tesla continues to expand its influence in the UK, with government contracts and a strong market presence. However, Musk's political stance and public comments have raised questions about the potential impact on consumer perception and government relations.
Key takeaways:
Elon Musk is criticizing UK Prime Minister Keir Starmer while the UK becomes Tesla's largest market in Europe.
UK Tesla sales rose 1.5% in 2024, surpassing Germany, where sales dropped due to the removal of EV subsidies.
Musk's criticism of Starmer contrasts with the UK government's support for electric vehicles and clean technology.
Tesla and Musk's other ventures, like Starlink and xAI, have significant business interests and government contracts in the UK.
